Successful Top Brand Auto Repair In Rochester

Rochester, NH
Strafford County


Asking Price: Annual Revenue:
$495,000 $1,331,418

Automotive & Boats: Auto & Truck Repair & Service


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RE: Successful Top Brand Auto Repair In Rochester Broker: Seller of Business

Quick Facts

Asking Price: $495,000
Annual Revenue: $1,331,418
Net Profit: Not Disclosed
Cash Flow: $208,446
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2007
Employees: 9
BBN Listing #: 602455583
Broker Reference #: me.nh.roch

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Business Overview:

THIS IS AN ESTABLISHED TOP NATIONAL AUTO REPAIR FRANCHISE RESALE (not a start-up). The business provides TOTAL Car Care, including brakes, transmissions, tune-ups, oil change, etc. Possible Deal Structure - Investment considerations:
• Projected ROI of 56%
• Total purchase price: $495,000
• Down payment: $100,000 (appx. 20% x $495,000)
• Current SDE (what you would earn in the business): $208,446
• Amount financed $395,000 ($495,000 - $100,000 = $395,000)
• Debt service per year (annual note payment): $52,624 (10 years at 6.00% apprx.)
• SDE less debt service: = $155,822 ($208,466 – $52,624 = $155,822)
• Assume - New owner to pull $100,000 a year out of the business in wages
• Remaining SDE (cash flow) after owner wages and paying annual debt service = $55,882 ($208,446 – $100,000 - $52,624 = $55,882)

• Return on investment or your return on injected capital (down payment) year after year = 56%! ($55,882/$100,000) Tough to get this in the stock market!

• This scenario does not include working capital.

• *Important: Do not take our word for it on the investment information, call and meet with your accountant and make sure he/she agrees with the outline above. Do not make any financial investment into this business where your money could be at risk until you agree with your financial advisors opinion and are comfortable with the presented numbers from the seller.

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This center is a smooth running operation, in business since 2007, with GREAT sales and cash flow. The center has a SOLID crew in place ready to make your transition into the business smooth. The business provides a GREAT lifestyle with flexible-family-friendly operating hours, typically M-F, no nights and no holidays (centers vary). This is also ONE of the very FEW Recession Resistant businesses with little to No covid impact.

In addition, As an owner, you WILL NOT work on cars. Owners are high level senior decision-makers who build relationships in the community, and lead a team of highly skilled technicians. You DO NOT need experience or a background in the automotive industry to succeed, as the franchise training is state of the art and comprehensive. Some management skills would benefit...however, the Franchisor will train you on all you need to know to be successful and build our business.

GREAT CENTER HIGHLIGHTS:
*Established Business
*Top Brand Franchise - A Leader In The Automotive Industry
*Business That Gives You Freedom With Flexible Regular Working Hours
*M-F Hours. No Nights. No Holidays (centers vary).
*Schedule Is Not Dictated By The Business - Managers Can Open/Close For You - Your Family Life Won't Suffer – (If You Choose To Utilize/Pay A Manager)
*As An Owner, You Will Not Need To Work On Cars
*Our Owners Are High Level Senior Decision-Makers - Managing a Great Team of Techs and Building Relationships In The Community
*You Do Not Need Experience Or A Background In The Automotive Industry To Succeed
*The Franchise Training Is State Of The Art And Comprehensive

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Gross Revenue / Sales stated by seller for 2019. All information, data, financials, appraisals, valuations, real estate, inventory, furniture, fixture, equipment, lease options, etc. must be verified with the seller and buyer’s own professional advisors, CPA, etc. Always confirm all data with the seller and your own advisors before putting any money at risk.

This is a confidential sale. Location has employees, vendors, customers. A non-disclosure agreement and some brief buyer information is required.

CONTACT US. We will email you the short electronic NDA within a few minutes of your inquiry. Be sure to check all of your in-box folders, including junk/spam folders.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Established. Modern, well-maintained facility. 3508 sf./ 5 bays. Crew in place. Plenty of parking. State of the art equipment. High visibility area. High traffic. Easy access from a busy street.

Market Competition and Expansion:

This is a top brand complete car care franchise with a great reputation and tons of recognition. Implement aggressive marketing/advertising. Build relationships in the community. Build accounts. Diversify services. Attend trade shows. Follow franchise system.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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